how it works
a launchpad on pons v2 where every coin is paired with a real stock token and its trade tax is split three ways, in the stock, by a contract nobody owns.
the pair
pons v2 on Robinhood Chain lets a coin be launched with a pair token other than ETH, and it has approved 53 of Robinhood's tokenized stocks — NVDA, TSLA, SpaceX, SPY, GME and the rest. split launches your coin with the stock you pick as its pair. buyers pay in the stock, sellers receive it, and the creator tax pons charges on every trade is collected in it. nothing is swapped, nothing is bridged.
the split
the coin's creator-fee recipient is a small vault contract cloned for it at launch. anyone can call collect(): it pulls the tax out of pons and pushes it, in the stock, to three addresses in a proportion baked into the bytecode.
- 50%
- the stock, to the coin's holders
- 30%
- the coin, dropped into every $SPLITR wallet
- 20%
- the creator, in the stock
the vault has no owner, no upgrade path, no pause and no other function that moves stock. the two engine wallets are immutables on the implementation every clone shares; the factory cannot touch a vault after it opens. if a stock token refuses a transfer (Robinhood can block a wallet or pause a token) the amount is held as owed and never blocks the rest.
the rounds
the engine watches every vault. when enough tax is waiting it collects, then runs rounds: it snapshots the coin's holders from transfer history, excludes the curve, the pool, the vault and contracts, and pays every holder their share of the stock in one transaction through a disperse contract. with the drop it buys the coin on its own curve, at the curve's own price with a 1% floor, and hands the coins to every wallet holding $SPLITR the same way. each round is journaled before it is sent, so a crash cannot pay twice, and each one lands on the ledger with its transaction.
$SPLITR
the platform coin. hold it and every coin launched here drops into your wallet, round after round, without a claim. until it launches, the 30% is bought and held by the engine and dropped in full once $SPLITR has holders.
what is and is not trustless
- the pairing and the 50 / 30 / 20 split are enforced by contracts with no owner. that part does not need us.
- the rounds are run by our engine from two published wallets. that part does. if it stops, stock accumulates in those wallets until it runs again — it cannot go anywhere else, and every movement is public.
- pons can propose a change of a coin's fee recipient on a timelock; the site surfaces any pending change. after a coin graduates, only pons' operator can sweep its pool fees; the vault then splits whatever they sweep.
- stock tokens are issued by Robinhood under their own terms: they can be paused, blocked or split. a coin paired with one carries that.
costs
launching costs pons' fee (0.0005 ETH) plus split's open fee, plus gas. the trade tax you set (1–10%) is the only thing that is split; pons' own 1% curve fee is separate. collecting and rounds are paid for by the engine.